COMPANY AFFAIRS.

Auckland Star, Volume LXIX, Issue 228, 27 September 1938, Page 6

COMPANY AFFAIRS.

AUSTRALIAN ALLOY STEEU

AUDITORS' COMMENTS

V h A«SL PU *** 1 the auditors, Mesew *• T 1 ilr° y ? teel ss""s t a t «&ix.«'sx b d! 411 - <!fo„l cv '~rL , J ~e formation of i « -tent, ',t eW S e t lnil) is refer ™» to a* a \enture which proved successful from your company's standpoint."

IMPERIAL CHEMICALS. INTERIM DIVIDEND DECLARED. Advice has been received by Sir Harold Beaiic hanii). New Zealand director of Imperial Chemical Industries of ?4„°tral a ™d New Zealand. Limited, that the Boar of Imperial Chemical Industrie.. Limited &"• <l^ ,i " f e <l a» interim dividend o ■ JPtember 20 of 3 per cent on the ordinary stock, payable, on November 1. NEW ZEALAND NEWSPAPERS. An interim dividend of 8d per sh.re has been declared by the directors of New Zealand Newspapers, Limited, for the half year ending September 30. The dividend w ill be payable on Wednesday, October 5. HAYS' INCREASED PROFIT. 'From Our Correspondent.) CHRIST-CHURCH. Mon.kv. The account* of Hays, Ltd.. retailers show a net profit of £5882 for the ear ended August 19. against £4080 a vear *go. lhe directors report that sustained progress has again been the feature of the year s tra<ling during which turnover was substantially increased. The directors recommend a dividend of P er , ce nt, unchanged.'requiring £2590 and the transfer of £1890 to income tax reserve. Win* £4914 to be carried forward against £3502 brought forward. ,^n OI * 18e, l-« a £d al , wm increased by £l t >.Ooo to £ ,0,000 during the year, and the directors foreshadow a further increase should any future development demand GUARANTEE CORPORATION. (By Telegraph.—Own Correspondent.) GHRISTCHURCH, this day. The directors of the New Zealand Guarantee Corporation, Ltd., hive decided to recommend payment of a final dividend ol 2d a share.

COMPANIES REGISTERED. The following companies have been registered in Auckland: — PUBLIC. Industrial Products, Limited, acquirers of sole agencies, patents and trade names tor the manufacture and sale of farm machinery. Capita]: £10,000 in £1 shares. Subscribers: k. W. Scott, W. A. Hindley, C. i,. Brown C. T. Leydon, G. Rhodes, A. Carter and J. H. Hindley. one share each. J. M. Mennie (1938), Limited, acquirers of certain asset* of J. M. Mennie, limited (in liquidation), for the manufacture of biscuit*, cake*, confectionery conse™*?JL. a . nd similar products. Capital: ™ I £2°V n 100 P f ba res of £1 eaqtf and 20,000 shares of 2/ each. Subscribers: J. A. S. B. Macdonald, J. R. Hawkins. H. H. McCullough, E. L. Yorke, O. H. Tnernhill, J. Wilson, one share each. PRIVATE. Health Food* (Auckland), Limited, acquirers of premises, plant and etock connected with the business of milk anil coffee-bar proprietors, now carried on by Health Food* (New Zealand), Limited, in Queen Street, Auckland, and in Devonport, for the purpose of establishing in Auckland Province and other places, the business of wholesale and retail confectioners, fruiterers and refreshment contractors. Capital: £10.000 in £1 shares. Subscribers: Health Foods (New Zealand), Limited, 9990 share*; R. McKinnou one. ' Henry'*, Dyers and Dry Cleaners, Limited, acquirers of the business now earned on in Auckland under the style of Henry'*, Dyers and Dry Cleaner*. Capital: £1600 in £1 shares. Subscribers: H. Saunders, 1106 share*; W. J. Gavin, 494. Devon Estates, Limited, acquirers of real estate and mortgages of real estate owned by J. W. H. Bambtirr, E B. Barnbury and D. R. P. Bambury. Capital: £5100 in £1 shares. Subscriber*: J. W. H. Bambury, E. B. Bambury and D. R P. Bambury, 1700 shares each.

INCREASE OF CAPITAL. Springside. Ltd: Capital increased by additional £3100 beyond registered Capital of £1500. Craigwell (J.) Ltd: Capital increased to £3600 by creation of additional capital of £2100 in £1 shares.

Hinuera Co-operative Company, Ltd: Capital increased by addition of £10, TOO beyond registered capital of £20,000.

Industrial Supplies, Ltd: Capital increased by addition of £19,700 beyond registered capital of £20,300.